Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency
As part of globalization, elite multinational companies are actively promoting foreign direct investment, In order to adapt to the globalization trend, large from the middle of 1990s enterprises have helped South Korea to launch the large-scale oversea investment by contributing in it. However, fore...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
1998-03-01
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| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.1.9 |
| _version_ | 1811261849774063616 |
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| author | Yunjong Wang Insoo Kang Yul Kwon |
| author_facet | Yunjong Wang Insoo Kang Yul Kwon |
| author_sort | Yunjong Wang |
| collection | DOAJ |
| description | As part of globalization, elite multinational companies are actively promoting foreign direct investment, In order to adapt to the globalization trend, large from the middle of 1990s enterprises have helped South Korea to launch the large-scale oversea investment by contributing in it. However, foreign direct investment by Korean companies in operating results has yet to achieve satisfactory results. Under IMF's project, South Korean economy is facing the need for restructuring, and corporate restructuring has become an important issue. Because South Korea domestic enterprises foreign popularity fell sharply and overseas borrowings, lead to deterioration in the terms of the South Korean companies overseas direct investment activities atrophy. In this case, the enterprise's overseas direct investment form and strategic should also have comprehensive change on a scale. It should get rid of external, quantitative growth, but change to efficient strategy. |
| first_indexed | 2024-04-12T19:13:15Z |
| format | Article |
| id | doaj.art-1d5ba10723b740e2b8b7ea47b863c3b2 |
| institution | Directory Open Access Journal |
| issn | 2508-1640 2508-1667 |
| language | English |
| last_indexed | 2024-04-12T19:13:15Z |
| publishDate | 1998-03-01 |
| publisher | Korea Institute for International Economic Policy |
| record_format | Article |
| series | East Asian Economic Review |
| spelling | doaj.art-1d5ba10723b740e2b8b7ea47b863c3b22022-12-22T03:19:48ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16671998-03-01214998http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.1.9Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving EfficiencyYunjong Wang Insoo Kang Yul Kwon As part of globalization, elite multinational companies are actively promoting foreign direct investment, In order to adapt to the globalization trend, large from the middle of 1990s enterprises have helped South Korea to launch the large-scale oversea investment by contributing in it. However, foreign direct investment by Korean companies in operating results has yet to achieve satisfactory results. Under IMF's project, South Korean economy is facing the need for restructuring, and corporate restructuring has become an important issue. Because South Korea domestic enterprises foreign popularity fell sharply and overseas borrowings, lead to deterioration in the terms of the South Korean companies overseas direct investment activities atrophy. In this case, the enterprise's overseas direct investment form and strategic should also have comprehensive change on a scale. It should get rid of external, quantitative growth, but change to efficient strategy.http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.1.9Oversea Investment KoreaOversea Companies Korea |
| spellingShingle | Yunjong Wang Insoo Kang Yul Kwon Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency East Asian Economic Review Oversea Investment Korea Oversea Companies Korea |
| title | Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency |
| title_full | Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency |
| title_fullStr | Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency |
| title_full_unstemmed | Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency |
| title_short | Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency |
| title_sort | financial performance of korea s overseas companies and policy recommendations for improving efficiency |
| topic | Oversea Investment Korea Oversea Companies Korea |
| url | http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.1.9 |
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